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Wednesday, December 2, 1998

Ministers speak in different tongues on insurance bill
The government spoke in different voices about introducing the Insurance Regulatory (IRA) bill on Tuesday and created confusion on whether it will be shelved in the wake of the BJP's rout in the assembly elections.

Rupee-rouble escrow pact to aid Iisco update
The Indo-Russian joint commission has recommended the use of the rupee-rouble escrow account to fund the entry of Russia's Tyazhpromexport as an equity partner in the modernisation plans for Indian Iron & Steel Co, according to steel secretary Ashok Basu.

Centre iterates stand to insulate airline segment
The BJP-led government will not permit foreign airlines to directly or indirectly have equity participation in the domestic air-transport services, Rajya Sabha was told on Tuesday.


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Patel Roadways Limited


  Australia rejects UN agency order on uranium
  Japan builder's collapse highlights survival battle
  Ukraine sugar output to hit new lows
  Capital controls may backfire, warns fund
  Centre move to open up soyabean imports under OGL
  "Global accounting norms most be followed"
  Sinha joins issue with Smadja on fiscal deficit
  ECB meet to touch on money supply, economic issues
  Executive Briefing
  Centre plans to increase sugar import duty soon
  SUMMIT SNIPPETS
  Five-point tourism plan
  Mergers, acquisitions will be the order of the day
  No cause for worry now, says Montek Singh
  Country gets a pat on the back and some cajoling to do better
  Kumaramangalam promises contracts for 6 mega power projects


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